Markets rallied on the news the Federal Bureau of Investigation’s review into emails of Hillary Clinton hasn’t led to any new findings, FBI Director James Comey said yesterday. Multiple press reports said the additional emails were found on the computer of former Rep. Anthony Weiner, the New York Democrat whose estranged wife is Clinton aide Huma Abedin. The FBI was investigating Weiner’s communications with minors when it discovered the new messages.
The Federal Reserve’s Labor Market Conditions Index which tracks 19 indicators was positive in October for the first time since July. But Fannie Mae’s home purchase sentiment index fell 1.1%s to 81.7. After climbing as high as 86.5 in July, the index has fallen every month since then and is now 1.5% below its level from a year ago. The index includes six components from a monthly survey of 1,000 Americans on owning and renting a home, those are home and rental price changes, homeownership distress, the economy, household finances, and overall consumer confidence.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
